Kirti Vardhan Singh calls for fair global practices at NAM meet

Addressing the 19th NAM Mid-Term Ministerial Meeting in Kampala, Singh said the world today faces unprecedented...

Kenya spends USD 1 billion in a year to repay Chinese loans

Amid unrest in Kenya due to debt distress, it is reported that the country has spent 152.69 billion KES...

Maldives at "high risk" of debt distress, says IMF

Amid rising fiscal deficits and public debt,Maldives remains at "high risk" of external and overall debt distress,...

Maldives at “high risk” of external, overall debt distress: IMF

Amid rising fiscal deficits and public debt, Maldives remains at a "high risk" of external and overall debt...

'Need to address growing debt distress', says Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday underlined that in order to address the mounting debt...

African countries face heat as China slows down lending

Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a...

Africa in desperate need for alternatives to tackle China's debts

As the global economy is moving towards recession, African countries, where China has leveraged lopsided loans for...

Zambia moves away from Chinese investments; receives IMF loan

Lusaka [Zambia], September 18 (ANI): Zambia which is known as a country under "debt distress" from China has finally...

Sri Lanka must avoid China's debt restructuring efforts

Colombo [Sri Lanka], August 16 (ANI): China will seek preferential treatment on debt restructuring in Sri Lanka...

"No, thank you": Bangladeshi Foreign Minister on Chinese loans

Dhaka [Bangladesh], August 10 (ANI): Warning developing countries of taking Chinese loans through its Belt and Road...

Xi Jinping announces USD 60 bn aid to Africa

Beijing [China], Sept 4 (ANI): Amid growing concerns about rising debt distress in Africa, Chinese President Xi...

Pakistan at risk of debt distress due to CPEC: U.S. senators

Washington D.C.[USA] September 04 (ANI): As newly elected government in Pakistan headed by Prime Minister Imran Khan...